Congrats to the Oklahoma City Thunder… now OKC can breathe a little easier after signing Russell Westbrook an extension contract.

The MVP agreed to a new five-year, $205 million contract that begins for the 2018-19 season and gives Westbrook the largest contract in NBA history with his six seasons and $233 million through 2022-23 season.

Westbrook’s agent, Thad Foucher of Wasserman Media Group and the Thunders’ GM Sam Presti finalized the deal this afternoon and in his deal, Westbrook evoked the Designated Player Veteran Extension. The extension allows for him to sign for 35 percent of his salary cap and five additional seasons.

Here is how ESPN has broke it down for us- “Westbrook will earn $233 million, which includes $205 million for his 2017-18 salary. His 2018-19 salary, the first year of the extension, will be $35.33 million.”

The team’s GM Presti sent out a confirmation statement regarding the mult-million dollar contract extension by saying:

“We are extremely fortunate to have and athlete, competitor and person such as Russell were the Thunder uniform. To have him cement his legacy as a leader as we enter into our 10th season in Oklahoma City is extraordinary. I am extremely grateful to Russell, his family and to our ownership for the commitment and support that they have demonstrated in supporting our vision for the Thunder.”

Westbrook said in the statement, “So honored. When you play in Oklahoma City you play in front of the best fans in the world, I’m looking forward to bringing everything I’ve got, for them, this city and for this organization.”

He also posted on his Insta page saying something simple, “WHY NOT?”

The Thunder didn’t want to lose another star to another team like they lost Kevin Durant in 2016 and now Westbrook has Paul George and Carmelo Anthony on the team with him.